# Payment Intent Status
Once a payment intent is created, and a blockchain address is provided, Circle starts monitoring the address on its respective networks to detect any inbound payments.
|Payment intent created.
|Blockchain address provided.
|Transaction validated by the blockchain network and funds settled.
|Payment intent expired after 8 hours or forced expired.
# Payment Intent Context
|Amount paid is less than the expected amount for the payment intent.
|Amount paid equals the expected amount for the payment intent.
|Amount paid is greater than the expected amount for the payment intent.
# Payment Intent Expiration
By default all payment intents expire **8 hours** from the time they are created. If there is a need to expire it prior to the preset time you can use [expire a payment intent](🔗).